Tuesday, 23 May 2017

NZMS Secretary's Report AGM 2017

The financial review for 2016 was completed by EBA Ltd Rotorua and circulated to the executive, officers and delegates prior to the AGM. Accounting fees totalled $621. The net surplus stood at $11,261, up from $6,543 the previous year.

The balance stood at $70,605, up from $59,345 in 2015. The cheque account balance was $17,811.22 at January 1st 2016 and $27,276.44 at January 1st 2017. The Fast Saver account balance was $670.42 at January 1st 2016 and $676.40 at January 1st 2017. And the Savings Plus account balance was $41,144.84 at January 1st 2016 and on January 1st 2017 the balance was $42.365.24. So once again NZMS was in a positive financial position at the end of the year. Most payments are now done using ASB business internet banking. Clubs pay membership fees by cheque or by direct credit.

As usual, the financial review will be placed on the Charities website but it is not necessary for the review to be placed on the Incorporated Societies website. Of 200 copies of the History of NZ Masters Swimming purchased in 2014, 94 remain unsold. Only two copies were sold in 2016. John Trubnick proposed that NZMS look at depreciating the value of the publication in line with the publication date.

For 2016, NZMS had 43 “active” clubs (1 or more financial swimmer) and 707 financial swimmers. The Northern Region, Northland and Auckland, account for 56% of the membership. The increase in membership for 2016 was partly due the very successful National Masters Championship hosted by North Shore in Auckland.

One change to the monthly newsletter has been its circulation to all registered Masters swimmers using Mail Chimp for bulk emails.